Weekly Review (Stock, Gold, Crude Oil markets) & Bonus Stock IQIYI

S&P 500 futuresis trading below 10 days moving average (MA). As it has yet to close below 50 days MA, it is still healthy although the volatility has been increasing since late January 2018. With Trump’s first bomb Syria after market close on Friday, there is a high chance that the market may gap down on Monday.

Crude oil futures has been marching up steadily and breaks $67.15 resistance. There is a high chance for the crude oil futures to move up to the next resistance at around $80.